Issue - meetings

The Board gave consideration to a report providing a summary of the financial position of the Health and Social Care Partnership as at the end of month five.  The report also provided information in respect of the year to date position, the forecast outturn, progress with the savings plan and reserves spend.

Decision

The Integration Joint Board –

1.    noted that there was a relatively small forecast revenue overspend of £900k as at the end of month 5;

2.    noted confirmation that savings of £6.3m had been delivered, 70% of target;

3.    noted that earmarked reserves of £5.3m had been committed to date; and

4.    noted that additional formula funding had been allocated to Health Boards to improve financial sustainability.

(Reference:  Report by Head of Finance and Transformation dated 27 September 2023, submitted)